RELIANCE GLOBAL GROUP INC C/WTS 01/02/2026(TO PUR COM) | 10-Q: FY2025 Q3 Revenue: USD 2.496 M

Revenue: As of FY2025 Q3, the actual value is USD 2.496 M.

EPS: As of FY2025 Q3, the actual value is USD -0.2.

EBIT: As of FY2025 Q3, the actual value is USD -3.662 M.

Segment Revenue

Total Revenue: For the three months ended September 30, 2025, total revenue was $2,495,975, a decrease from $3,441,458 in the same period in 2024. For the nine months ended September 30, 2025, total revenue was $9,818,872, compared to $10,757,238 for the same period in 2024.

Operational Metrics

Net Loss: The net loss for the three months ended September 30, 2025, was - $1,156,583, compared to - $837,314 for the same period in 2024. For the nine months ended September 30, 2025, the net loss was - $5,604,367, compared to - $7,673,373 for the same period in 2024.
Loss from Operations: The loss from operations for the three months ended September 30, 2025, was - $3,913,683, compared to - $511,977 for the same period in 2024. For the nine months ended September 30, 2025, the loss from operations was - $7,692,638, compared to - $6,690,278 for the same period in 2024.
Commission Expense: Commission expenses were $995,945 for the three months ended September 30, 2025, compared to $902,246 for the same period in 2024. For the nine months ended September 30, 2025, commission expenses were $3,454,147, compared to $3,065,152 for the same period in 2024.
Salaries and Wages: Salaries and wages were $3,912,326 for the three months ended September 30, 2025, compared to $1,707,737 for the same period in 2024. For the nine months ended September 30, 2025, salaries and wages were $8,705,682, compared to $5,494,551 for the same period in 2024.
General and Administrative Expenses: These expenses were $1,120,776 for the three months ended September 30, 2025, compared to $821,510 for the same period in 2024. For the nine months ended September 30, 2025, general and administrative expenses were $4,129,842, compared to $3,188,033 for the same period in 2024.
Marketing and Advertising Expenses: Marketing and advertising expenses were $66,917 for the three months ended September 30, 2025, compared to $100,183 for the same period in 2024. For the nine months ended September 30, 2025, these expenses were $201,399, compared to $304,209 for the same period in 2024.
Depreciation and Amortization: Depreciation and amortization were $313,694 for the three months ended September 30, 2025, compared to $421,759 for the same period in 2024. For the nine months ended September 30, 2025, these were $1,020,440, compared to $1,425,700 for the same period in 2024.
Interest Expense: Interest expenses were $246,722 for the three months ended September 30, 2025, compared to $356,320 for the same period in 2024. For the nine months ended September 30, 2025, interest expenses were $844,846, compared to $1,091,966 for the same period in 2024.
Interest Expense Related Parties: These expenses were $4,704 for the three months ended September 30, 2025, compared to $34,802 for the same period in 2024. For the nine months ended September 30, 2025, these expenses were $50,811, compared to $112,936 for the same period in 2024.
Other Income (Expense), Net: Other income (expense), net was - $16,470 for the three months ended September 30, 2025, compared to $65,785 for the same period in 2024. For the nine months ended September 30, 2025, it was - $41,068, compared to $65,807 for the same period in 2024.
Gain on Sale of Business: The gain on the sale of business was $3,033,554 for the three months ended September 30, 2025, compared to $0 for the same period in 2024. For the nine months ended September 30, 2025, the gain was $3,033,554, compared to $0 for the same period in 2024.
Unrealized Gains (Losses) on Digital Assets, Net: Unrealized losses on digital assets, net were - $8,558 for the three months ended September 30, 2025, compared to $0 for the same period in 2024. For the nine months ended September 30, 2025, these were - $8,558, compared to $0 for the same period in 2024.

Cash Flow

Net Cash Used in Operating Activities: Net cash used in operating activities was - $1,469,000 for the nine months ended September 30, 2025, compared to - $1,647,881 for the same period in 2024.
Net Cash Provided by Investing Activities: Net cash provided by investing activities was $4,289,000 for the nine months ended September 30, 2025, compared to - $58,787 for the same period in 2024.
Net Cash (Used in) Provided by Financing Activities: Net cash used in financing activities was - $1,115,000 for the nine months ended September 30, 2025, compared to $1,321,449 for the same period in 2024.

Unique Metrics

Digital Assets: As of September 30, 2025, the Company purchased digital assets consisting of Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and XRP for investment and treasury diversification purposes. The fair value of these digital assets was $106,402.

Future Outlook and Strategy

Core Business Focus: The Company plans to expand its business through asset acquisitions in insurance markets and organic growth of its current insurance operations via geographic expansion and market share growth. It also aims to grow its Digital Asset Treasury Initiative by integrating blockchain technology into its long-term capital appreciation model.
Non-Core Business: The Company is exploring opportunities to tokenize insurance-linked assets and build a diversified portfolio of leading cryptocurrencies, managed by its newly formed Crypto Advisory Board.
Priority: The Company intends to use the net proceeds from its financing activities for general corporate purposes, including working capital, technology development, and purchases of digital assets as part of its Digital Asset Treasury strategy.